India’s Import from China Declined by Over 7 Billion Dollars in April-July Period:

NEW DELHI, Sep 23: India’s imports from China have recorded a significant decline in April to July period this year compared to the imports during the corresponding period last year.

Giving this information in a written reply in the Rajya Sabha on Wednesday, the Union Minister of Commerce and Industry Piyush Goyal said India’s imports from China during April-July 2020 decreased to USD 16.60 billion from USD 23.45 billion in the corresponding period of the previous year. He pointed out that due to the impact of COVID-19 pandemic there were several global and domestic supply side constraints and also a dip in global demand which contributed in the reduction in the imports from China as well.

Some of the items exhibiting decline in imports include electronic components, telecom instruments, computer hardware, industrial machinery for dairy, electric machinery, residual chemical and allied products, consumer electronics, electronic instruments, fertilisers, products of iron & steel etc.

He said to minimise the impact of such disruptions, Government had taken steps to expand domestic capacities and had implemented policies to promote domestic manufacturing through ease of doing business and Production Linked Incentives (PLIs) in select sectors including mobile phones & electronic components and medical devices & bulk drugs. Government had also sensitized stakeholders to source critical imports from diversified sources through the active support of the Indian missions abroad.

Goyal said the full impact of these measures on the industry would be discernible as the global economy recovered from the recessionary effects of the pandemic.

Following is the comparative list of  India’s top 50 Import of Principal Commodity Groups from China, during April- July, 2019 and April- July 2020

 

 

  
     
RANKCOMMODITY GROUPS2019-20 (APR-JUL)2020-21 (APR-JUL) 
IMPORT FROM CHINA IMPORT FROM CHINA 
VAL (MILL US $)VAL (MILL US $) 
1ELECTRONICS COMPONENTS2029.441156.15 
2TELECOM INSTRUMENTS1850.101509.13 
3COMPUTER HARDWARE, PERIPHERALS1589.511395.34 
4INDL. MACHNRY FOR DAIRY ETC1423.96931.77 
5ORGANIC CHEMICALS1248.711069.92 
6ELECTRIC MACHINERY AND EQUIPME916.61497.50 
7RESIDUL CHEMICL AND ALLED PROD906.74857.36 
8BULK DRUGS, DRUG INTERMEDIATES860.85859.66 
9ELECTRONICS INSTRUMENTS801.71706.72 
10CONSUMER ELECTRONICS680.02473.76 
11FERTILEZERS MANUFACTURED581.24361.20 
12AC, REFRIGERATION MACHNRY ETC589.52379.40 
13PRODUCTS OF IRON AND STEEL600.90385.43 
14PLASTIC RAW MATERIALS521.71272.91 
15AUTO COMPONENTS/PARTS424.32246.33 
16IRON AND STEEL438.68309.22 
17MANMADE YARN,FABRICS,MADEUPS379.03185.57 
18OTHER MISC. ENGINEERING ITEMS373.00214.88 
19ALUMINIUM, PRODUCTS OF ALUMINM408.77174.29 
20OTHER COMMODITIES339.45203.27 
21ACCUMULATORS AND BATTERIES329.55140.66 
22PLASTC SHT, FILM, PLTS ETC287.50145.95 
23MACHINE TOOLS259.52153.80 
24GLASS AND GLASSWARE266.51129.06 
25AGRO CHEMICALS321.43377.65 
26CRANES, LIFTS AND WINCHES200.29189.18 
27INORGANIC CHEMICALS248.01164.56 
28MEDICAL AND SCIENTIFIC INSTRUM200.53205.64 
29OTH NON FEROUS METAL AND PRODC199.40112.80 
30OTHER CONSTRUCTION MACHINERY196.83149.79 
31MOULDED AND EXTRUDED GOODS191.43108.82 
32OTHER PLASTIC ITEMS204.5266.76 
33OTHER MISCELLAENIOUS CHEMICALS212.37240.96 
34PAPER, PAPER BOARD AND PRODUCT208.02101.74 
35OTH TXTL YRN, FBRIC MDUP ARTCL180.7278.69 
36CERAMICS AND ALLIED PRODUCTS165.5897.36 
37PROJECT GOODS153.30107.10 
38HANDCRFS(EXCL.HANDMADE CRPTS)156.28168.08 
39PAINT, VARNISH AND ALLID PRODC148.74110.66 
40PETROLEUM PRODUCTS60.5868.83 
41HND TOOL, CTTNG TOOL OF METALS113.6979.47 
42ATM, INJCTNG MLDING MCHNRY ETC118.7769.71 
43PLYWOOD AND ALLIED PRODUCTS90.0539.03 
44IC ENGINES AND PARTS89.5758.78 
45COTTON FABRICS, MADEUPS ETC.83.8832.34 
46PUMPS OF ALL TYPES70.7554.97 
47RAILWY TRNSPRT EQUIPMNTS, PRTS76.3657.98 
48PRIME MICA AND MICA PRODUCTS66.0837.97 
49FOOTWEAR OF RUBBER/CANVAS ETC.66.0222.24 
50DYE INTERMEDIATES77.2647.14 
Total IMPORT of 50 Commodities22007.7915607.52 
TOTAL IMPORT23452.7516600.74 
     
Note: Figures pertaining to FY:2020-21, are provisional and subject to change                                        

(Manas Dasgupta)

 

 

 
       

 

 

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